Page 17 - Tata Group

Felt like a bomb blast, say locals after blaze at Tata's Hosur plant

About 1,500 workers, mainly in the morning shift, were present at the unit when the fire erupted, according to sources. All employees were evacuated, and no casualties or injuries were reported

Centre to probe fire at Tata plant making components for iPhones in TN

The factory is unlikely to receive state permission to resume production by Monday

Air India passenger finds 'cockroach' in food; airline expresses concern

An Air India passenger has complained of finding a cockroach in an omelette served onboard the flight from the national capital to New York, with the airline saying the matter has been taken up with the catering service provider for further investigation. "We are aware of a social media post by a passenger regarding a foreign object in the onboard meal offered to them on AI 101 operating from DEL to JFK on 17 September 2024," an Air India spokesperson said in a statement and also expressed concern over the incident. In a post on X, the passenger said a cockroach was found in the omelette served on the flight from Delhi to New York. "My 2 year old finished more than half of it with me when we found this. Suffered from food poisoning as a result," she said. The passenger also shared a short video and pictures of the food items served during the flight. She tagged Air India, aviation regulator DGCA and Civil Aviation Minister K Rammohan Naidu in the post. In the statement, the ...

Tata Electronics, PSMC complete tech transfer pact for Gujarat Fab unit

Tata Electronics has already engaged two esteemed design firms from Taiwan to create a top-tier Fab that adheres to global standards of quality, safety, and sustainability

Tata Play expands OTT reach to Philippines through tie-up with Cignal TV

Tata Play's OTT platform Binge will now expand to Philippines as the company has entered into partnership with the country's local media - Cignal TV to launch the Cignal Super app

Fire incident at Tata Power's Trombay plant; no injuries, damage reported

Tata Power on Tuesday reported about a fire incident at its Trombay plant in Maharashtra. The cause of the fire is currently under investigation, and no injuries or loss of life have been reported, the company said in an exchange filing. "...there was a fire incident in the Control Room of Unit No 5 (500 MW unit) of Trombay Plant on September 23, 2024," Tata Power said. The company said it is in the process of assessing the actual damage caused by the fire. "We also confirm that the plant is adequately insured, and the insurance firm has been duly informed," it added.

Air India derosters 3 cabin members for lapses in opening aircraft door

Air India has derostered three cabin crew members for an erroneous approach in opening the door of a Boeing 777 aircraft that led to the auto-deployment of the emergency slides, according to sources. The incident happened with the Boeing 777 plane at the Bangalore airport after it landed from San Francisco on September 15, they said. When contacted, an Air India spokesperson said a technical issue was reported with one of the doors not opening appropriately upon landing and the matter was attended to promptly. "In a serious safety violation, the door of Air India's Boeing 777 aircraft that operated the flight AI 176 from San Francisco to Bangalore on September 15, was opened in armed mode when the aircraft arrived at the Bangalore airport. "As a result of this, the emergency slides automatically got deployed," a sources told PTI. Another source said three cabin crew members have been derostered for the lapse and an internal probe has been ordered. However, Air India did not comme

Tata Power-DDL receives patent for transformer life-enhancing device

Tata Power Delhi Distribution Ltd on Monday said it has received a patent for self-regenerating transformer breather for 20 years. The 'Self-Regenerating Breather' is a device protecting a transformer from moisture ingress and thus, increases the longevity of electric transformers, the company said in a statement. According to the statement, Tata Power Delhi Distribution Ltd (Tata Power-DDL), a leading power utility supplying electricity to over 2 million customers in North Delhi, has been granted the patent for its unique self-regenerating transformer breather for a term of 20 years. The patented technology is also expected to reduce the maintenance man-days for replacement of Silica gel in a transformer's breather to protect it from moisture damage, the statement said. With the new technology, Silica gel will be required to be checked or replaced only during the transformer maintenance schedule, which is generally once in two years. In contrast, in the conventional design, Silica

Air India hired 9,000 employees in two years to meet needs: Airline chief

Air India has hired 9,000 employees, including 5,000 crew members, in the last two years to meet the workforce requirement for its expanding fleet and network, the airline's chief Campbell Wilson said on Friday. In a message to staff, he said the airline's domestic market share rose from 24 per cent in FY23 to 27 per cent in FY24 and the international market share climbed from 21 per cent to 24 per cent during the same period, on the back of network expansion and service improvements. The airline has completed two years of its five-year ambitious transformation plan Vihaan.AI. On a consolidated basis, the Tata Group-owned airline recorded a 25 per cent rise in operating revenues and a more than 50 per cent reduction in loss in the last financial year. "When we consider that the FY in question covered only the early part of our transformation program, before most of the initiatives we have been working on were implemented, these early results should encourage us that the effort is .

Analog Devices, Tata Group sign pact to make semiconductors in India

Tata Electronics and ADI intend to explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat

FY24 dividend income: Promoters and top business families beat govt

The government's dividend was, however, up 35 per cent year-on-year in FY24 from Rs 61,409 crore a year ago

Trent likely to replace Bajaj Finserv in Sensex rejig in December

If this happens, Bajaj Finance will be the sole remaining Bajaj group stock in the 30-share Sensex, following the removal of Bajaj Auto in December 2021

Tata group preparing for the future, says Chairman N Chandrasekaran

Chandra said that as part of the transition, the group companies are offering more online products and embedding artificial intelligence into their internal processes

Tata electronics, TCS to develop India's first domestic chips by 2026

Tata Electronics plans to launch its first chips from the Assam facility by late 2025 or early 2026, targeting sectors like automotive, electronics, power, consumer goods, and healthcare

Corporate India's big six boost profits, struggle with flat job growth

India's top six corporate firms saw their employee headcount growth stagnate at -0.2 per cent, with numbers dropping from 1.74 million in FY23 to 1.73 million in FY24

Tata Power arm starts commercial production at 2GW Tirunelveli unit

The facility is equipped with advanced TOPCon and Mono PERC technology, enabling high-efficiency production of solar cells and modules

Tata's financial services, insurance biz saw hefty profits in FY24

Realty, airline, and new-age businesses still struggling to make money

Apple scouts new deals to push India value-add, in talks with key players

In talks for fresh collaborations with Flextronics, Jabil, Aequs, Tata firms

Tata Digital's FY24 losses narrow to Rs 1,200 crore, revenue doubles

The company also reported its gross merchandise value (GMV) at Rs 37,355 crore. There are 20.76 million transacting customers this year

Tata aviation cuts losses by Rs 9,077 cr in FY24, Air India revenue up 24%

Air India, which was privatised in 2022, achieved its highest consolidated revenue of Rs 51,365 crore for FY24, marking a 24 per cent rise from the prior year